Etiqueta: Tariffs

An electric vehicle plant that BYD plans to build in Turkey will start operations as scheduled by the end of 2026, said Kaan Masatci, a project manager at

It's now made 10 million EVs and hybrids

Despite tariffs on imported Chinese EVs in place in Europe, BYD is making good on its vow to continue its...

(Bloomberg) -- Mexico has not received a “firm” project proposal from a Chinese automotive company to install a plant in Mexico, said President Claudia Sheinbaum on Thursday.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasThe president was responding to a question on whether China’s top electric-vehicle maker BYD Co. will install a plant in the count

Both BYD and SAIC Motor reportedly asked suppliers for 10% discounts amid fierce competition in China's oversaturated EV sector.

BYD moves to shield itself from looming US tariffs as President-Elect Trump threatens new import taxes on Chinese, Canadian, and Mexican goods. The China-based EV giant has reportedly ordered suppliers to slash costs by 10% starting in 2025.

Toyota, BYD Co and Honda have been highlighted in this Industry Outlook article.

As BYD prepares to enter South Koreas EV market in 2025, Kia and Hyundai show no signs of concern. Experts highlight that tariffs, subsidy issues, and local consumer preferences make it challenging for BYD to compete with...

BYD plans to launch passenger EVs in 2025, but insiders say it’s unlikely to sway local buyers.

“This is sort of a good thing for the reputation of Chinese-made cars in Europe over the long term,” said Paul Gong, head of China auto research at UBS.